1,425 Property for sale in Red Deer listings are price checked
Listings from royallepage.ca, forsalebyowner.ca and 6 more
Property value calculations
Do not overpay! With property price calculations you can make better choices when you are looking for your next place to live.
Using artificial intelligence, we analyse property adverts daily from various property portals, saving you time and providing valuable insights.
How we calculate property prices
The estimated market value for properties is calculated by using a proprietary formula that includes detailed information about a home (bedrooms, bathrooms, size and so on), Additionally, location, market dynamics and other key details are extracted from property listings to determine the correct price evaluation.
The precision of the estimates rely on the availibility of data and should serve as guidance rather than absolute certainty.
We remain committed to transparency and providing valuable market insights to our users, by helping them navigate the property market with confidence.
Living in Red Deer: A Quick Guide to the Real Estate Market & Neighborhoods
➝
Market status in Red Deer
Our catalog on AllClassifieds offers a comprehensive overview of the real estate sales market status in Red Deer (Alberta, Canada), showcasing the latest trends and offerings. The city features various dwelling types, with houses leading with an average price of $ 674,000 CAD, an average size of 1,592 sqft, and representing 85.2% of listings. Condos follow with an average price of $ 317,800 CAD, an average size of 962 sqft, and 11.3% of listings. Townhouses make up 2.3% of listings, with an average price of $ 266,200 CAD and an average size of 1,225 sqft.
➝
FAQ
➝
What are the property taxes in Red Deer and are there any other ongoing costs I should consider?
In Red Deer, property taxes vary based on assessment values. In 2023, the average residential property tax is estimated to be around $ 2,100 CAD annually. Additional ongoing costs include utility fees (water, waste, recycling), which average about $ 160 CAD/month, and home insurance, which can greatly vary. Ensure to consider these expenses when budgeting for a property in Red Deer. Visit reddeer.ca for more details.
What types of upfront costs and fees will I have to pay when purchasing a property in Red Deer?
When purchasing property in Red Deer, Alberta, expect to cover several upfront costs including mortgage application fees, home inspection and appraisal costs, land transfer tax, legal fees, property insurance, and possibly a Goods and Services Tax (GST) on new homes. Additionally, you might be responsible for property taxes and utility setup fees. Always confirm with your realtor for specific costs.
How does the Red Deer property market compare to ther regions in the Canada?
The average home price in Red Deer, Alberta, as of early 2023 is approximately $ 334,000 CAD , notably lower than in Vancouver, where it's around $ 1,210,000 CAD , and Toronto, with an average of $ 1,097,000 CAD . This makes Red Deer an attractive option for buyers looking for affordability in the Canadian real estate market.
How competitive is the Red Deer property market?
The property market in Red Deer, Alberta, is competitive, reflective of broader trends in Canadian real estate. As of September 2023, the average house price was about $ 330,000 CAD . The market has witnessed considerable activity, with properties averaging 53 days on the market. This pace suggests a balanced market between buyers and sellers, with steady demand. Prices have seen fluctuation but remain accessible relative to larger Canadian urban centers.
